Virtus Investment Partners Reports Preliminary November 30, 2023 Assets Under Management

Rhea-AI Summary

Virtus Investment Partners, Inc. (NASDAQ: VRTS) reported preliminary assets under management of $165.5 billion as of November 30, 2023. Additionally, the company provided services to $2.6 billion of other fee-earning assets. The breakdown by product type includes Open-End Funds at $54,392 million, Closed-End Funds at $9,810 million, Retail Separate Accounts at $39,903 million, and Institutional Accounts at $61,406 million.

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $165.5 billion as of November 30, 2023. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.

Assets Under Management (unaudited)
($ in millions)
By Product Type:		November 30, 2023			October 31, 2023
Open-End Funds (1)		$	54,392		$	51,800
Closed-End Funds			9,810			9,267
Retail Separate Accounts			39,903			36,818
Institutional Accounts (2)			61,406			57,938
Total		$	165,511		$	155,823
(1) Represents assets under management of U.S. retail funds, global funds, exchange-traded funds, and variable insurance funds
(2) Represents assets under management of institutional separate and commingled accounts including structured products

About Virtus Investment Partners, Inc.

Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.

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Sean Rourke

(860) 263-4709

sean.rourke@virtus.com

Source: Virtus Investment Partners

FAQ

What are Virtus Investment Partners, Inc.'s preliminary assets under management as of November 30, 2023?

Virtus Investment Partners, Inc. (NASDAQ: VRTS) reported preliminary assets under management of $165.5 billion as of November 30, 2023.

What other fee-earning assets did Virtus Investment Partners, Inc. provide services to?

Virtus Investment Partners, Inc. provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.

What is the breakdown of assets under management by product type for Virtus Investment Partners, Inc. as of November 30, 2023?

The breakdown by product type includes Open-End Funds at $54,392 million, Closed-End Funds at $9,810 million, Retail Separate Accounts at $39,903 million, and Institutional Accounts at $61,406 million.